Showing 1 - 10 of 10
BoT schemes to cover 1.7m SMEs
Business, Oranan Paweewun, Published on 08/04/2020
» About 1.7 million small and medium-sized enterprises (SMEs) with total loans outstanding of 2.4 trillion baht are eligible to participate in the Bank of Thailand's six-month deferment period on principal and interest and a 500-billion-baht soft loan scheme, says the central bank's chief.
Fitch offers balanced Thai forecast
Business, Oranan Paweewun, Published on 19/03/2020
» Fitch Ratings has lowered its outlook on Thailand's long-term foreign currency issuer default rating to stable from positive, reflecting impacts of the coronavirus spread on Thailand's economy through its tourism sector and lingering political uncertainty after the country's transition to civilian rule.
Breaking the bonds of debt
Business, Oranan Paweewun, Published on 16/03/2020
» Thai household borrowing rose to 13.2 trillion baht at the end of September 2019 from 12.8 trillion baht at the end of 2018, with the ratio relative to GDP climbing to 79.1% from 78.6%. These figures suggest many people are drowning in debt.
The 2020 guide to market moves
Business, Oranan Paweewun, Published on 16/12/2019
» As the new year approaches, it's time to turn our thoughts to establishing financial goals and investment resolutions.
State banks enticing homebuyers
Business, Oranan Paweewun, Published on 09/12/2019
» Buying a home is the biggest purchase of most people's lives, and a mortgage the largest debt most will bear. Locking in cheap home loans can save money on interest payments over time and allow borrowers to spend less time paying off the debt.
GSB seeks nod for mortgage measures
Business, Oranan Paweewun, Published on 06/06/2019
» Measures by Government Savings Bank (GSB) to ease mortgage requirements are scheduled to seek board approval on June 18 to comply with the government's policy to help homebuyers better access financial sources in the wake of the central bank's tighter regulations.
Ensuring a comfortable nest egg
Business, Oranan Paweewun, Published on 11/03/2019
» Most retirees rely on savings accumulated over their working life, but longer life expectancy and higher costs of living could fan fears that the nest egg will come up short.
ADB hikes Thai GDP outlook on strong H1
Business, Oranan Paweewun, Published on 27/09/2018
» The Asian Development Bank (ADB) has raised Thailand's economic growth forecast to 4.5% this year and 4.3% in 2019 after robust growth of 4.8% in the first half amid improving economic prospects.
Economists see range of 3.9-4.1% for Q1
Business, Oranan Paweewun, Published on 18/05/2018
» Thailand's economic growth momentum is believed to have continued in the January-March quarter, but economists are divided on whether the growth rate outpaced the fourth quarter's 4%.
A mostly sunny Thai forecast
Business, Oranan Paweewun, Published on 28/12/2017
» Even though the Thai economy grew at a faster pace than expected for the nine months to September and is headed for 4% growth for the full year, policymakers and economists have painted a picture of cautious optimism for next year's outlook because of the many challenges lying ahead.